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Search Results 0 to 49 of about 73 (some duplicates have been removed)
for coming on the program. >> thank you. >> chief market strategist. >>> president obama hosting a meeting with the national security team at the white house to discuss the deadly unrest in egypt and review the 1.5 billion in u.s. annual aid aide that goes to the military. earlier a white house spokesperson had to refute that the u.s. cut off aid to cairo. >>> another day, another investigation into jp morgan chase. this time the justice department is looking into allegations that bank employees manipulated u.s. energy markets. last month the bank agreed to pay $410 million to settle charges from the federal agency regulatory commission it ma nip laled markets in california and the midwest but never admitted wrongdoing as part of the settlement. that prompted the u.s. attorney in new york's southern district to look at the company's energy practices for civil or criminal charges. >>> a passing grade for a for profit provider. the federal department of education shows the company remains financially sound enough to participate in student aid programs without any other qualifications. shares
tonight on "nightly business report" for tuesday, august 6th. >>> good evening everyone. president obama taking aim today at boosting homeownership by proposing an overhaul of the massive mortgage market. his targets, long-term political hot potatoes. diana olick joins us from washington with more on what all this might mean. >> reporter: suzy, it should come as no surprise mortgage is front and center, as interest rates are rising, credit is the last barrier to full housing recovery. >> our housing market is beginning to heal. >> reporter: president obama returned to arizona, one of the hardest hit states in the housing crash four years after using this dessert backdrop. >> we got to turn the badpage o the bubble and bust. we need a housing system durable and fair and rewards responsibility for generations to come. >> reporter: it's reforming the nation's 10 trillion dollar mortgage market making it easier for home buyers and putting capital at the center of housing finance ask pulling government out. that means a gradual wind down of giants fannie mae and freddy mac, which together wit
the obama administration says some of it is under review, saudi arabia, which is a big backer of egypt's military-led government, says it will compensate for any cuts from washington. >> richard engel in cairo for us tonight, thanks. >>> in pakistan, a dramatic turn of events there involving the former president and army general pervez musharraf. he has been indicted in an alleged murder plot in the assassination of prime minister benazir bhutto in 2007. she was the first and only woman elected to lead pakistan. musharraf was an important friend of the u.s. following the 9/11 attacks. he has pleaded not guilty. >>> still ahead here tonight, sounding the alarm. a leaked report about the danger happening all around us tonight. ann curry from the top of the world with a firsthand look as the water rises. >>> later, two extraordinarily groups of american heroes facing off and making a difference on hallowedround. [ female announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symp
and more than 4,000 injured, most supporters of the ousted president mohamed morsi. president obama interrupted his family vacation in massachusetts to condemn the slaughter and cancel plans for upcoming military exercises with the egyptian army, which washington helps fund to the tune of more than a billion dollars in annual aid. >> our traditional corporation cannot continue as usual when civilians are being killed in the streets and rights being rolled back. as a result, this morning we notified the egyptian government that we're cancelling our by-annual military exercise. >> reporter: taking place with supporters of ousted president mohamed morsi and security forces. the latest attack on a military check point killed at least seven soldiers, and also the muslim brotherhood making it clear this is just the beginning. they will not back down and rise again. they are planning a million-man march for friday. security forces on their side aren't taking chances. they are aught riceed to use deadly force if necessary. a cure few is in effect and traffic is dying down in the background
noting how far the nation has come for equality to all and how far we have to go. president obama spoke from the very same spot where dr. king spoke those unforgettable words on the struggle for civil rights half a century ago. >> but we would dishonor those heroes, as well, to suggest that the work of this nation is somehow complete. the universal may bend towards justice, but it doesn't bend on it's own. to secure the gains this country has made requires constant vigilance. >> i can't believe it's been 50 years. >> i was reading the speech today. gives you chills. >> it does. >> that's "nightly business report" for tonight. i'm susie gharib, thanks for watching. >> i'm bill griffeth. thanks for watching. see you tomorrow. >>> "nightly business report" has been brought to you by. >> sailing through the heart of historic cities and landscapes on a river, you get close to iconic landmarks, to local life, to cultural treasures, viking river cruises, exploring the world in comfort. >>> hello and welcome to "newsline." it's 24rds, august 29th. i'm catherine kobayashi in tokyo. u.s. presiden
about who will be the fed chairman n. 2009 whether president obama would reappoint ben bernanke and then who would succeed. this year who will replace fed chairman ben bernanke and there is two leading candidates. janet yellen and the economic advisors. both have plus and minuses, the lead candidate thought to be larry summers. the fed chairman won't be attending. other top fed officials will be here like bill dudly, the president of the new york fed, jim from st. louis and john williams from san francisco along with christine la garza head of the imf and central bankers from around the world. big top picks will be whether quantitative easing will be working and if not, what the federal reserve should do instead. is the strategy adequate? the conference beginning tomorrow night with a dinner and academic papers and discussion over the next two days and i think one of the things i'll listen for is whether or not the federal reserve believes the economy is strong enough to reduce the stimulus as soon as september or whether or not that will happen later. for "nightly business repo
whitman promised to push into smart phones and get more ammobitiousn tablets. >>> president obama in buffalo, new york today unveiling a sweeping new plan for rating the nation's colleges. the idea to evaluate schools on a host of met tricks with the goal of linking them to the amount of federal financial aids students at those schools receive. john joins us now from the white house with more on all of this. so john, let's start by asking what criteria is the administration going to be using when they rate the schools? >> reporter: they will be looking at things like graduation rates, how fast people graduate, what kinds of jobs they get after they graduate. and of course, also the tuition rates. administration is trying to push down the core inflation rate of college cost. this isn't about putting more aid in the hands of students but taking the aid out there, $150 million a year and using that as a lever to get colleges to try new things, online courses, other strategies to get costs down and they will need some help from congress to do it. >> i suspect, john, a lot of schools w
president obama intervenes. >>> a huge fine to tell you about from one of the nation's largest banks. citi group will pay a $590 million dollar settlement accused of hides tens of thousands of bad mortgage securities. the shareholder lawsuit sited citi group's $27 billion on losses in 2008 after shares went from $48 a share in 2007 to under $3 a share by 2009. >>> a historic victory for wall street regulators today in the first big civil fraud case tied at the 2008 financial crisis. a trader find liable in six out of seven counts in a fraud case. marry thompson was in the courtroom and they are criticized the fcc for not being tough enough and others for striking out in high-profile cases like this. what this z this victory mean? >> reporter: it's a big win for the fcc. lawyers say this will bolden the agency to be aggressive in the future and go after entities and suing claims. basically, since the financial crisis, three of the fcc's cases have gone to trial. it's score card is essentially one loss, one split and today's victory and this would give the scc i guess you could say swagger t
closed doors. president obama meets privately with the country's most powerful financial regulators to discuss the new rules that will govern the country's biggest banks. >>> going gangbusters, 900% in nine years to the day. that's how much google has returned since going public. it dominates search, and seizing the smartphone market. but is the stock atop of many mutual funds, a good buy for the next nine. >>> attention shoppers, are you willing to give up privacy for a good deal? we have all that and more on this monday, august 19th. >>> good evening, everyone. welcome. his vacation over, president obama got back to work today, and he wasted no time tackling a topic of high interest to investors, not to mention financial services executives. at a closed-door white house meeting he sat down with the nation's top financial regulators to get a progress report on how the government is implementing the dodd/frank law. it covers wall street and the nation's largest banks. john harwood joins us from the white house with details on who attended today's meeting, and why it was necessary. j
of apple, apple got an assist from washington today, president obama overturned an order from the u.s. international trade commission banning imports of older iphones and ipads, which the agency said violated samsung patents. the ban would have begun today. the u.s. trade representatives says the veto was based on considerations that could have an effect on competitive conditions in the u.s. economy and their effect on the u.s. consumer. the last time a president overturned a trade ban, ronald reagan back in 1987, a case involving samsung. >>> jet blue's days as a coach only carrier are numbered, the airline is changing course, going after the first class flyer. will it pay off? first, let's take a look at how the international markets closed today. >>> european authorities have signed off on usairways, proposed merger with american airlines american parent company. as expected the approval comes on the condition that american eagle give up one slot at london's heathrow airport. the combination would create the world's biggest airline and must be approved by a federal judge before a
company and president obama and several others would like to unwind, the second largest quarterly profit in the history. the firm earned $5 billion. followed by higher loan fees. they will make a dividend payment to the u.s. treasury on more than $4 billion 6789 4 bil. >>> jp morgan and glen core are the latest companies to be accused of artificially inflating aluminum prices. it was filed on behalf of master screens, a direct purchaser and individual who is described as a buyer of beverages sold in aluminum cans. >>> according to a report yesterday from the center for disease control the obesity rate among low-income preschooler social securis is falling. it went from $74 billion in 199 8 to $147 billion. this study could have important economic implications. >> reporter: the centers for disease control tracked the height and weight of nearly 12 million low income 2 to 4-year-olds. between 2008 and 2011 obesity rates stayed the same or decreased in 40 states and territories and only went up slightly in three. for weight management experts like dr. scott cohan it is good news. he struggl
to the government, why is it president obama the other day wants to phase out fanny and fredy. >> the profitability means nothing to the administration because administration believes government should get out of the mortgage market, that there should be some limited back stuff but private capital back into the fanny, freddy and the fha back more than 90% of the loans made and that's just not the way the market should be or according to the administration. they want to phase it out. it will take time but they don't want to be in the situation in 2009 when the government did have to bailout the mortgage market. >> dianna, this congress has not gotten much down on important issues. will it get this done and reform mortgage finance? >> i can't answer that. there is one very strong bill on the hill right now, the corker warner bill the president seems to have not exactly endorsed that bill but the things he's putting forth are similar to what is in that bill and that's why you saw him this week in phoenix making the push again because this fall would be the time, the make it or break it time to get the
obama spent the afternoon addressing a number of issues important to both business and the american people. from healthcare to the fed, to the government surveillance program. >>> donnie brooke in isle six, the battle between j.c. penney, the ceo and shareholders in public. is this war fair ever good for shareholders. >>> bringing jobs home. more companies are moving overseas operations back to the u.s. but not just workers benefit. who else is reaping the rewards as we wrap up the series made in america. all that and more tonight on "nightly business report" for friday, august 9th. >>> and good evening everyone and welcome. i'm tyler mathisen along with sue herrera. susie gharib has the night off. in a far-reaching press conference today, the first in three months, to took questions and gave answers on top picks critically important to american business. he tackled healthcare reform and the possibility of a government shut down to immigration, privacy and whom he might choose as the next chairman of the federal reserve. >> good evening, tyler, the president addressed a series of is
but with this week's blood bath, president obama cancelled a joint military exercise and defense sec tarpry chuck hagel warned the military that it's putting quote important elements of our long-standing defense corporation at risk. what does it mean to laquid? there is confusion. the sell of 20 planes is worth nearly $800 million and 14 have been delivered. the pentagon says only eight have been delivered and four are in limbo and the sale is worth twice what they say. regardless, for the last two quarters, laquid reported a drop in overall f-16 business as business shifts to the f-35. they believe the u.s. government may end up on the hook for the jets if they don't go to egypt as all foreign military sales have to be brokered by the pentagon. finding another buyer won't be difficult, the question is what price. >>> coming up, this month has not been kind to the overall market but one sector would love the dog days of august to go on forever. first, a check on today 's dow winners and losers. >>> there's news tonight in the seemingly endless battle to take over dell. a judge in delaware ruled a
Search Results 0 to 49 of about 73 (some duplicates have been removed)

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